Byline Bancorp Stock Alpha and Beta Analysis

BY Stock  USD 21.72  0.11  0.51%   
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Byline Bancorp. It also helps investors analyze the systematic and unsystematic risks associated with investing in Byline Bancorp over a specified time horizon. Remember, high Byline Bancorp's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Byline Bancorp's market risk premium analysis include:
Beta
1.49
Alpha
(0.33)
Risk
1.63
Sharpe Ratio
(0.07)
Expected Return
(0.11)
Please note that although Byline Bancorp alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., NYSE Composite index.) So in this particular case, Byline Bancorp did 0.33  worse than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of Byline Bancorp stock's relative risk over its benchmark. Byline Bancorp has a beta of 1.49  . As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Byline Bancorp will likely underperform. At this time, Byline Bancorp's Price Book Value Ratio is fairly stable compared to the past year. Price Fair Value is likely to rise to 1.35 in 2024, despite the fact that Enterprise Value Multiple is likely to grow to (188.80).
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
  
Check out Byline Bancorp Backtesting, Byline Bancorp Valuation, Byline Bancorp Correlation, Byline Bancorp Hype Analysis, Byline Bancorp Volatility, Byline Bancorp History and analyze Byline Bancorp Performance.
For more information on how to buy Byline Stock please use our How to Invest in Byline Bancorp guide.

Byline Bancorp Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Byline Bancorp market risk premium is the additional return an investor will receive from holding Byline Bancorp long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Byline Bancorp. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Byline Bancorp's performance over market.
α-0.33   β1.49

Byline Bancorp expected buy-and-hold returns

Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Byline Bancorp's Buy-and-hold return. Our buy-and-hold chart shows how Byline Bancorp performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.

Byline Bancorp Market Price Analysis

Market price analysis indicators help investors to evaluate how Byline Bancorp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Byline Bancorp shares will generate the highest return on investment. By understating and applying Byline Bancorp stock market price indicators, traders can identify Byline Bancorp position entry and exit signals to maximize returns.

Byline Bancorp Return and Market Media

The median price of Byline Bancorp for the period between Sat, Dec 30, 2023 and Fri, Mar 29, 2024 is 21.12 with a coefficient of variation of 5.19. The daily time series for the period is distributed with a sample standard deviation of 1.12, arithmetic mean of 21.68, and mean deviation of 0.98. The Stock received a lot of media exposure during the period.
 Price Growth (%)  
       Timeline  
1
Byline Bancorp declares 0.09 dividend
01/25/2024
2
Byline Bancorp, Inc. Director Sells 32310.00 in Stock - MarketBeat
02/16/2024
 
Byline Bancorp dividend paid on 20th of February 2024
02/20/2024
3
Acquisition by Del Valle Perochena Antonio of 10000 shares of Byline Bancorp at 20.9366 subject to Rule 16b-3
02/21/2024
4
Disposition of 20000 shares by Alberto Paracchini of Byline Bancorp at 21.0759 subject to Rule 16b-3
02/23/2024
5
Disposition of 2100 shares by Alberto Paracchini of Byline Bancorp at 21.1886 subject to Rule 16b-3
02/26/2024
6
Disposition of 18200 shares by Alberto Paracchini of Byline Bancorp at 20.8322 subject to Rule 16b-3
02/27/2024
7
Disposition of 4809 shares by Dana Rose of Byline Bancorp at 21.0474 subject to Rule 16b-3
02/29/2024
8
Byline Bancorp Incs Chief Human Resources Officer Dana Rose Sells Company Shares
03/01/2024
9
Disposition of 3880 shares by Michelle Johnson of Byline Bancorp at 20.701 subject to Rule 16b-3
03/04/2024
10
Byline Bancorp, Inc. Director Buys 146,676.95 in Stock
03/07/2024
11
Acquisition by William Kistner of tradable shares of Byline Bancorp at 21.087 subject to Rule 16b-3
03/11/2024
12
Byline Bank Commercial Real Estate Group Provides 12M to Finance the Construction of Retail Building for Time Equities
03/19/2024
13
Byline Bancorp, Inc. Shares Bought by American Century Companies Inc. - Defense World
03/28/2024

About Byline Bancorp Beta and Alpha

For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Byline or other stocks. Alpha measures the amount that position in Byline Bancorp has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
 2021 2022 2023 2024 (projected)
Dividend Yield0.01170.0160.01550.00856
Price To Sales Ratio3.392.651.773.52

Byline Bancorp Upcoming Company Events

As portrayed in its financial statements, the presentation of Byline Bancorp's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Byline Bancorp's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Byline Bancorp's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Byline Bancorp. Please utilize our Beneish M Score to check the likelihood of Byline Bancorp's management manipulating its earnings.
25th of April 2024
Upcoming Quarterly Report
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25th of July 2024
Next Financial Report
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31st of March 2024
Next Fiscal Quarter End
View
23rd of January 2025
Next Fiscal Year End
View
31st of December 2023
Last Quarter Report
View
31st of December 2023
Last Financial Announcement
View

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When determining whether Byline Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Byline Bancorp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Byline Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Byline Bancorp Stock:
Check out Byline Bancorp Backtesting, Byline Bancorp Valuation, Byline Bancorp Correlation, Byline Bancorp Hype Analysis, Byline Bancorp Volatility, Byline Bancorp History and analyze Byline Bancorp Performance.
For more information on how to buy Byline Stock please use our How to Invest in Byline Bancorp guide.
You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.

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Byline Bancorp technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Byline Bancorp technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Byline Bancorp trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...